The Palatka daily news. (Palatka, Fla.) 1884-1888, 1887-05-19

Virginia o's..--.- As Rich Alleg'y--. 4
Chesapeak & Ohio Rich II West PIT 4Osz
Northwestern LIB Rock Island. :. 1873
Nofthwest'n pref1E ST. Paul $1,000. 943s
Delaware X Lack-Esrl& St Paul prefd-- LIZA
| East Tennessee. I4sz Tenn Coal & Iron 43is
Lake shore ssl4 Union Pacific 65N
| Louisville X Nash 6e7s New Jersey Cen sos
Memphis X Char-.-62 Missouri Pacific ILL.,
| Mobile Il Ohio l6I4 Western Union 77ss
Cotton Seed Oil IT,. SOS
There was another burst of activity in the
| stock market to-day, and under the lead of
| New England and Missouri Pacific material adj
| vances were established over the entire list.
There were extensive efforts on the part of the
| bears to cover their shorts, and in New Eng
| land something of a squeeze is believed to
have taken place. On the street the unusual
strength and animation was set down entirely
to this cause. The Gould shares were promi-
nent, and the general belief is that Gould has
taken hold Of his specialties for rise. Foreign
buying vas somewhat larger to-day, but did
not reach a position of importance in the mar
ket. There considerable hammering by
| the room traders in the forenoon. but it had
little effect upon prices. and later IN the day
efforts were directed TO getting back their
stocks. After the first two leaders of the mar
ket- Union Pacific was the most conspicuous,
and the grangers, with the exception of st.
Paul, occupied a subordinate position in the
market There was squirt in Pacific Mail late
the election There was little special feature
among the remainder OF the list. though all
| shared i'm the general improvements New
| England was extremely active after IL O'Clock.
The opening was irregular but generally
| firm, though the differences from last even
The market was strong from the opening The
coal stocks and grangers were inclined TO
weakness at first, but later recovered their
tone. After the first hour the market quoted
down and prices remained stationary until
afternoon. After that time more animation
was shown and decidedly u strong tone was de-
yeloped throughout the list, while New Eng
of
specialties, made marked advances The i'm
provement continued until the close, which
was active and strong at the best prices of the
| day, with most everything higher. Total sales
were 46., go shares
LONDON, May E.-COnsols. 1885
Cotton
NEW YORK May Is-Green & Co.'S report
| on cotton futures says: sitter tone was
prevalent on contracts, and was pretty well
preserved all day, the market closing steady at
| in part due to buying orders from New Or
leans, but principally through the influence of
more cheerful cable advices- accompanied by
| an effort to cover here against the slightly
oversold Liverpool market, with June not so
| much in favor as the two following months.
| There was evidence of any great alarm
among the local shorts, and at the advance
| quite little long cotton was allowed TO go on
/ the limits reached
Afternoon report Cotton-Net receipts, 81
gross, 2,5O7. Futures closed steady; sales, 90
40; May, 10 81; June. 10 SOLO IS; July, 10 $40
10 gG August, 10 9l@l0 81; September, 10 $40
| 81 December 8 s91t9 80; january 9 94as IS;
! February, 10 OiGl0 Gas March, 10 Os65l0Os.
| Cotton steady; sales, @3; Uplands, 10 l5-l6;
| Great Britain, l,OGO; To France, -; to the
374,I5s.
LIVERPOOL May Il, p. m. Cotton
May, 5 1894, buyer; May-June, 1864, buyer;
| June-July, f2-64, buyer; JuIy-August. 5 5l-64.
| seller, August-September, a2-64. seller; Sep
tember-October, 5 4s-64, seller; October-No-
/ vember, 3s-si, value; November-De December.
29-ei, buyer; september, 5O-64, seller. Flu
! closed utIier.
| General Markets.
| CHICAGO, May ls.-The prevailing cOndi-
| tions to-day at the opening were much the
| same as yesterday Cables were firm and re-
| ported an upward tendency in wheat at Liver
| pool. The crowd were undecided and opening
| June started 1T soc, but the majority of the
/ crowd were disposed to sell. Prices huctnated
| the down side of soc for June However, il
| was not allowed TO go below ss1sc-
| A half hour after the session opened few
| of the boldest traders in the pit, who had got
/ tired of seeing June hang at SS1sc. and above.
/ apparently for reason whatever. started in
/ TO lind where the bottom of the market really
| was. Then commenced the Offering of June
wheat at 1ses14c below the market When they
| stopped the market was at s!5s6ssc; To ac
| complish this break they did not dispose of
over $4,000 or 1000 bushels all told. This very
/ plainly demonstrated that the clique
standing from under for the time and was
about ssc June found bottom figures and also
iefr r. severeIv alone Tra1n, betWeen III s1
| and noon was very dull prices for June being
| between ssc and sslsc during the whole time.
afternoon session, and June wheat closed at
| $50 ssssc.
| at 4Issc and sold to 4ld411sc in the first hours
trading. and afterwards, in sympathy with
| wheat declined to 4tgt4c for July. IL ranged
between this figure and 4lssc closing at 4Ic for
the July option.
terdays close July ribs started at S7.2s1s, sold
down TO SIS and later, in sympathy with
ever, they recovered somewhat, and July ribs
ei9sed az vi JTiy lard nd. OPENED at % s6
session. and closed at S6.75.
Cash quotatlons were: Flour z. firm; unchanged
Ne. z Spring " ', beat s1&s71a; No 2 red So No
Pork, S.O.50. Lard, S6.es14. short rib sides
S5.Gse57O. Short clear sides, boxed, s7.50d7 So
Whisky Sl.lO- Leading futures closed as fol-
lows:
wheat-May, sszs; June, SIS July s51sc:
osts-Nay, -. June, a67s: July, ~, PORK
$40, June. s7l0, July, s7-2sls-
NEW YORK, May ls.-southern Flour quiet
choice do, si.Iogs5s5. Wheat 1ldi14 lower; No.
red May, eessas1 June, se1aa9e1l July,
@4s; july, 475sS4s; August, oi6a isi1, Oats.
June, 80 ssss: July, ssssa:ss54 Hops quiet,
COfree-fair Rio strong at 1s1s; options active:
NO ftlD- May, june,
Sl1-GUis. Sugar steady; refined quiet. Mo-
lasses trIn-5O test -. Rice firm Cotton
Seed Oil. ;sS. crude; :9ls for refined Resin
quiet at 81 .2.l10I 291s. Turpentine dull at 35I4
Hides steady and quiet. Wool quiet and un-
changed Pork quiet Beef dull. Middies dull
and nominal Lard 5a1 points lOwer-western
steam, 81: June. S6-96l11; July, S..O61.Os.
Freights dull
ST. LOUIS, May lS--FlOur quiet and steady.
Wheat lOwer-No. red, cash, s51s bid; June,
SSs4; July s1416tsI1s- Corn weak-cash, 49, May,
s1s bid; June 3sss. Oats easy-cash, 27IzG12.5s;
May 271s bid; June, q bid Whisky steady ut
$l-o5.
Provisions dull, heavy. Pork, old mess s14OO;
new, $l5.s5. Lard, s6.fs16.5O. Dry salt meats,
boxed. shoulders $50; long clear, 81 I21s;
clear ribs, S7.aB1-25; short clear, S7.371a- Ri-
cOn-bOXed shoulders. S613lsGf6. p; long clear,
$ss5ftI-95; clear rib sides, S7.S71s1s 30: short
clear, s. h8s-25- Hams steady at SLEIGH
NEW ORLEANS, May 1S.-Coffee strong and
higher-cargoes and common to prime, l11slL
ID Rice firm-Louisana ordinary. 3t4ft44.
Cotton Seed Oil steady-prime crude. asftaD
summer yellow, H. Sugar duh - Louisiana
open kettle, good to prime, 45sGI5; good COM
mon TO fair, 4L4643s. Louisiana centrifugals
OFF white, 51SdI5 s-l6; choice yellow clarified,
51s prime do, .-16. Molasses steady-Lou-
isiana centrifugals, strictly prime to fair, 10
G2o; common to good common, 1SI2l,
WILMINGTON, May 1s.-Turpentine firm at
Ss51. Resin firm strained So good strained,
30. Tar firm at S1-17l@. Crude Turpentine firm
hard, Sl-aDs yellow dip. 81; virgin $3.50.
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